Do You Expect To Make a Killing From Paid Online Surveys?
When many people first get into paid online surveys, they tend to figure that they’ve really found the goose that lays the golden egg. Unfortunately, after a few weeks of completing surveys, they find that they’re not making as much as they expected, and end up feeling disheartened as a result.
Right from the get go, it would be a good idea to get one thing clear: If you’re hoping to become a millionaire by completing surveys alone, you’re going to end up disappointed. However, if you simply want to get a decent side income that gives you a nice solid sum of extra cash at the end of every month – well, that’s more plausible.
Basically, it boils down to two major questions:
1. How many surveys can you complete daily?
2. How much does each survey pay you?
Let’s deal with the second question first. Frankly speaking there is no ‘fixed rate’ for surveys, and you’ll find that some surveys pay you $1 while others pay $10, and yet others pay $100. Really, it all depends on how much the company that is sponsoring the survey is willing to pay for the information that they want to acquire.
As for the first question, the number of surveys that you are able to complete daily is a bit of a
tricky thing to estimate as well. Most people find that it depends on how many surveys they’re eligible for, and that can vary rather greatly from day to day.
If you’re looking for a rough estimate though, let’s just assume that you’re making about $30 a day from online surveys, either though one mid-range survey, or several small-range surveys. $30 a day means about $210 a week, which is about $900 a month.
As you can see, that isn’t too shabby at all. If you manage to make $40 per day on average, that is further increased to $1,200; $50 a day would be $1,500, and so on.
That should give you a rough idea of the true earning potential of paid surveys.
Of course, there are ways to increase these figures, and mainly that would involve signing up on practically every paid survey site that you can locate, so that you end up with a constant stream of surveys that you’re eligible for in your inbox. Attain that, and you’ll be able to pick and choose from the surveys available, and will thus be able to select the best of them in terms of profit.
All said and done, so long as you’re willing to put in a little extra work, you can definitely get a good and stable side income stream going without too much effort. If you want any more than that, it is doable, so long as you’re also willing to put in further effort to get more surveys on a regular basis.
Sadly, it isn’t going to make you an overnight millionaire, but you didn’t really expect that, right?